GiGi1160
Level 2
Tuesday
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How do I fill in form 4797 so it only gives me a capital gain on the depreciation portion?
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Level 15
Tuesday
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On the asset entry worksheet, right below the disposal section, you can Link it to the Home sale Worksheet so that the 121 exclusion can be applied.
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GiGi1160
Level 2
Tuesday
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Thanks for responding. this part I know but how do I report the depreciation as capital gain that I took when I rented the place during a few years? How and where do I report that?
Thanks
qbteachmt
Level 15
Wednesday
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I googled:
home sale proseries
and got this help article:
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